The SEC retained CRA to examine allegations that some open-ended mutual funds had allowed preferred customers to engage in market timing activity that was against the rules of the funds and damaging to other individuals in the funds. CRA also assessed the monetary impact of the market timing activity on the non-preferred customers.
Compliance solutions for pandemic-related fraud risks
When the COVID-19 pandemic struck the US in March 2020, office environments, supply chains and traditional ways of doing business evaporated in mere weeks....